Ivar Kreuger - Historical Cost and Prices

Historical Cost and Prices

Note: Multiplying historical U.S. prices of the period by 15 will result in an approximate value in today's prices. To appreciate the enormous sums with which he was involved and to evaluate Ivar Kreuger it is necessary to factor out inflation. This is done in the text by giving the approximate value in today's money in parentheses. Rather than showing the source used after every conversion into today's values it is provided in this section.

Read more about this topic:  Ivar Kreuger

Famous quotes containing the words historical, cost and/or prices:

    Reason, progress, unselfishness, a wide historical perspective, expansiveness, generosity, enlightened self-interest. I had heard it all my life, and it filled me with despair.
    Katherine Tait (b. 1923)

    History is strewn with the wrecks of nations which have gained a little progressiveness at the cost of a great deal of hard manliness, and have thus prepared themselves for destruction as soon as the the movements of the world gave a chance for it.
    Walter Bagehot (1826–1877)

    On the breasts of a barmaid in Sale
    Were tattooed the prices of ale;
    And on her behind
    For the sake of the blind
    Was the same information in Braille.
    Anonymous.